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Facebook Asia

Facebook’s WhatsApp Battles Fake News in India

Ahead of elections in India, the world’s biggest democracy, the spread of viral fake news on WhatsApp highlights the perils for Facebook in its shift away from the public square model of its flagship app. The Wall Street Journal highlights how Facebook’s messaging app—more popular in India than the social network—has been weaponized by competing political parties. Efforts to thwart false reports...

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Venture Capital Asia
TikTok Valued at Around $60 Billion, As Deal Structure Emerges

Walmart and Oracle are valuing the soon-to-be formed TikTok Global at between $50 billion and $60 billion, according to two people familiar with the deal, as key aspects of one of the most convoluted global tech deals in history take shape. 

Another key point: Zhang Yiming, the CEO of ByteDance, parent company of the China-based viral video app TikTok, could become the new entity's ...

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Chinese Investment in TikTok Global to be 36%, Down from 45% in ByteDance
Federal Judge Halts Ban on WeChat U.S. Downloads
TikTok Deal With Oracle and Walmart Wins Trump’s Approval, Delaying Ban
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